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HONG KONG: Hong Kong stocks closed out the week with more losses Friday as weak data from China added to worries about the world’s number two economy, while a forecast-beating US inflation print dented hopes for an early interest rate cut.
The Hang Seng Index slipped 0.35 percent, or 57.46 points, to 16,244.58.
Hong Kong stocks begin day with small gain
The Shanghai Composite Index dropped 0.16 percent, or 4.67 points, to 2,881.98, and the Shenzhen Composite Index on China’s second exchange shed 0.64 percent, or 11.35 points, to 1,749.42.